The Asian economic crisis raised the need of a union of countries to stabilize the global economy and to support continuous development.
G20 held a summit talk to resolve the current global economy crisis by the necessary cooperation of developed countries and rising countries.
Japan’s Economy after the Global Economy Crisis and Its Responses
The Four Unfavorable Factors in the Japan
Tibet is ...
Nickname – Roof of the World
Capital - Lhasa, the "Holy City"
Population - 3 millions (as of 2011)
First People - Tibetans
Ethnic Composition – 92.8% Tibetan, 6.1% Han, 0.3% Hui, 0.5% others.
Religions - Tibetan Buddhism, Animism
Official Languages – Mandarin, Tibetan
Currency - ¥ RMB (Renminbi, Chinese Yuan)
Weather – Extremely dry except during
North America and Western Europe are expected to slump, and the developing markets of Asia and South America will take the lead.
At that time, almost all global businesses will focus on those emerging markets, leading to high competition.
Even so, the AmorePacific brand will continue to advance overseas through country-specific strategy.
In Asia and other emerging markets, 아모레퍼시
global imbalance problem reflects the political andeconomic
concern between the two states.
Global Imbalances have 3 features which ARE NOT Defined to Economic aspects.
1980s-RMB/US exchange rate declined from 1.50 to 8.62
1990s-It pegged to USD at 8.27
July 21,2005 the peg was lifted-RMB revaluation to 8.11 per USD
As April 29, 2011 Yuan’s exchange rate was 6.49 per 1$
due to high oil prices and domestic pressure
Existence of longstanding American Nuclear threats against North Korea
→ It self direct violation of international non-proliferation regime
(B) Failure to pay attention to conciliatory North Korean gestures
(C) Insistence upon Cold War perception – dualistic and militaristic
(ex) hawk engagement VS nuclear brinkmanship